Property Details
Pugh Auctions
Lot 060
Lot 060
Auction: December 2018

61 Yorkshire Street, Rochdale, Greater Manchester, OL16 1BZ

Property Details
Location

The property is located in a prime town centre retail location fronting on to the pedestrianised section of Yorkshire Street in close proximity to the entrances to the Wheatsheaf Shopping Centre and the Rochdale Exchange Shopping Centre. The towns railway station is approximately 0.5 miles to the south.

Description

Three storey (plus basement) prime located town centre retail investment with a current rent reserved of £12,500 per annum (plus VAT).

Accommodation

Ground Floor:  
Sales  
81 sq m  
(872 sq ft)  

First Floor:  
Storage  
44 sq m  
(473 sq ft)  

Second Floor:  
Storage  
46 sq m  
(495 sq ft)  

Basement:  
Storage  
59 sq m  
(635 sq ft)  

Total:  
230 sq m  
(2,475 sq ft)  

Outside

Pedestrianised frontage on to Yorkshire Street.

Approx Site Area

Approximately 108 sq m (129 sq yds)

Tenure

Freehold.

Planning

Interested parties should consult with the Local Planning Office, Rochdale Borough Council, Floor 3, Number One Riverside, Smith Street, Rochdale, OL16 1XU. Tel: 01706 924387 Email: development.control@rochdale.gov.uk.

Tenancy

The property is let by way of a 6 year commercial lease from 22nd April 2016 at a current rent reserved of £12,500 per annum (plus VAT) which is subject to upwards only rent reviews in years 2 & 4 of the term. The lease is granted to TMST Limited (Company Number 09402394).

VAT

VAT is payable in addition to the sale price.

General

1. The deposit for this lot must be paid in cleared funds only and Pugh & Co. will not accept cheques as a method of payment.
2. The vendor has confirmed that the rateable value of the premises will decrease to £10,200 with effect from 1 April 2019.
3. Energy Performance Certificate = C.

Property Location Address:
61 Yorkshire Street,
Rochdale,
Greater Manchester,
OL16 1BZ
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Auction Details
Auction: December 2018 Date: 6th December 2018 Lot Number: 060 Doors Open: 10:30am Bidding Starts: 12:00pm
Address:
AJ Bell Stadium,
Manchester,
M30 7EY

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